I know this topic has come up a few times on here about the potential income from IG. $4K a month may not seem like much, however if you are 15 and living at home, makes quite a difference...
A few quotes... link below.
This teenager was making 4000 a month reposting memes on Instagram until he got purged - MarketWatch
‘I don’t have another job as Instagram paid in one week what I would get in one month of an actual job’
Instagram is going after meme accounts — which post pictures with slogans — often created by other social-media fanatics and, on many occasions, reposted without giving credit.
On July 26, 15-year-old Ben was surprised to find he couldn’t log into five of his eight Instagram FB+2.71% accounts. The meme curator, who goes by the pseudonym “spicymp4” and chose not to give his last name to MarketWatch, owned multiple popular comedy accounts.
The purge has cost some users thousands of dollars. Ben told MarketWatch his pages earned him $4,000 a month and were his only salary. He made the money through selling shoutouts: Users looking to grow their pages paid Ben to promote those pages on his account.
“I don’t have another job as Instagram paid in one week what I would get in one month of an actual job,” Ben said. He did not think it would last forever, however. Ben saved most of the money he earned from his page, but is now looking for another source of income.
It is becoming increasingly challenging to build a business where your sole revenue comes in from third-party social-media platforms,” social media expert and commentator Kris Ruby. Compared to some, Ben was small potatoes. Ruby said some of these frivolous meme accounts could earn up to hundreds of thousands of dollars a year.
Five years ago, the idea that Instagram could be your job was unheard of. Now, it’s becoming increasingly common. Influencers and page admins like Ben can bring in thousands of dollars from ads and promotions on their pages. And if you’re as popular as reality TV star Kylie Jenner, who has 142 million followers on Instagram, you can bring in more than $1,000,000 with just one post.
A few quotes... link below.
This teenager was making 4000 a month reposting memes on Instagram until he got purged - MarketWatch
‘I don’t have another job as Instagram paid in one week what I would get in one month of an actual job’
Instagram is going after meme accounts — which post pictures with slogans — often created by other social-media fanatics and, on many occasions, reposted without giving credit.
On July 26, 15-year-old Ben was surprised to find he couldn’t log into five of his eight Instagram FB+2.71% accounts. The meme curator, who goes by the pseudonym “spicymp4” and chose not to give his last name to MarketWatch, owned multiple popular comedy accounts.
The purge has cost some users thousands of dollars. Ben told MarketWatch his pages earned him $4,000 a month and were his only salary. He made the money through selling shoutouts: Users looking to grow their pages paid Ben to promote those pages on his account.
“I don’t have another job as Instagram paid in one week what I would get in one month of an actual job,” Ben said. He did not think it would last forever, however. Ben saved most of the money he earned from his page, but is now looking for another source of income.
It is becoming increasingly challenging to build a business where your sole revenue comes in from third-party social-media platforms,” social media expert and commentator Kris Ruby. Compared to some, Ben was small potatoes. Ruby said some of these frivolous meme accounts could earn up to hundreds of thousands of dollars a year.
Five years ago, the idea that Instagram could be your job was unheard of. Now, it’s becoming increasingly common. Influencers and page admins like Ben can bring in thousands of dollars from ads and promotions on their pages. And if you’re as popular as reality TV star Kylie Jenner, who has 142 million followers on Instagram, you can bring in more than $1,000,000 with just one post.